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20121121
20121129
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KRON (MyNetworkTV) 26
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leadership. they expressed optimism about reaching a deal to avoid a 500 and dollars in tax increases and spending cuts. 500 bill in dollars for tax increases. >> we have a very productive meeting. >> the cornerstone of being able to work something out. >> staffers have been working behind the scenes to find common ground and how to begin more tax revenue and reduced spending on programs like medicare. it is not yet clear one of lawmakers will meet next. even if progress is made this week a final deal could still be make well. >> we rarely see the hill and the white house making decisions, early. they tend to do better when they have a deadline. so, i think that i would be pleasantly surprised if a deal emerged earlier. but, we will see. >> unless compromised is reached, steep tax hikes could be seen. >> this small earthquakes >> the u.s. t s a said the magnitude 3.5 tremor hit at about 7:45 near soledad.. 60 mi. southeast. no reports of damages. >> the day after thanksgiving >> they see a lot of potato peels, putting things down the disposal of the probably should not go down. we ar
network, a connection your whole house can count on. ♪ >> 36 days and counting, the bush era tax cuts and the implementation of massive spending cuts if they do not come to an agreement. they are back in washington after the thanksgiving break. as catherine heenan explains there are some hints of compromise. the most americans understand the fiscal cliff is a scary and a series of living tax hikes. it could damage the economy. president obama has been pressuring congressional leaders to reach a compromise that increases taxes on wealthy americans. a handful of republicans are suggesting they might break their pledge to never vote for higher indicate taxes. >> and for the good of the country only if democrats would do a title that. >> the pledge that we signed 18-20 years ago but the world has changed. >> is music to the ears of the white house but disturbing to this man. the anti-tax crusader that cut republicans to tax no tax- agreement. it >> if you want to go to your voters and say i promised to this and i am breaking the promise you have that conversation. >> if he seems confident
leadership. >> congressional leaders reached optimism levels of spending cuts and tax increases for next year. >> we have a very constructive president with the president to talk about the economic problems. >> with a cornerstone to work something out. >> they have been working common ground to bring in more tax revenue and reduced spending on programs like medicare but it is not that clear what lawmakers or when there will meet next. even if some progress is made a final deal could be a long ways away. >> we've rarely see it the white house and capitol hill make decisions, early. they seem to do better when they have a deadline. i would be pleasantly surprised to see a deal the merge, early but we will see. >> that was athena jones. tax hike and a steep spending cuts could take place next year. >> the saturday after thanksgiving is the time to celebrate small business saturday to encourage shoppers to patronize mom- and-pop businesses. such was the case today at this space hardware and elceritto small business saturday was launched by american express in 2010. >> this nice holiday weekend ta
. with level evidence of progress in striking a deal to avoid " the fiscal cliff. >> the series a tax increases and spending cuts set to go into effect next year would dramatically alter the economy. but the the joins reports. >> we must get an agreement. --athena jones.. >> this is not a done deal or a certainty if congress does nothing which they're pretty good about these days. we will go over the fiscal cliff. >> staffers have a working behind the scenes to find common ground to avoid cuts that should be concerning for everyone. >> they should be worried if we have a defense job or if we are dependent on others of the federal budget. the regulation of our food safety, and our borders being secure. or fbi. >> the sticking point is what to do about taxes. the democrats want to raise taxes for the wealthy and republicans to not. the anti-tax crusader had gotten a majority of the " law makers to pledge not to support any effort to raise taxes. >> i'm willing to recorgenerate revenue. where is below but i will not raise tax rates to do it i will cap deductions, and violates the pledge, long stor
more is known about whether and not government leaders will be able to avert the fiscal cliff. >> taxes go up for everyone, less money to spend and you don't buy anything. >> one of the benefits of shopping on line is that you can do it from just about anywhere. with most people back to work on sun insider monday we're asking on facebook if you made any purchases from your job? if you have not done any cyber monday shopping yet it is still out there still time to snag a deal. >> the stakes are high and we need to address this in a serious way. >> this is the thumb and louise crowd. the ones who dream of higher taxes and bigger government. >> is only the house would consider freezing tax rates for 90 percent of the moment american families >> people want to know if washington is any closer to avoid the dreaded fiscal cliff. we'll have the latest on progress after the break. >> 36 days and counting until the fiscal cliff and washington lawmakers are heading back to work after thanksgiving break. there are hints of compromise in the air. most americans understand the fiscal cliff is scary
a key advantage in california with no sales tax. local bookstores under big pressure with the rapid rise of the books and chains with particularly squeezed. michael tucker owns a chain of bookstores in san francisco. >> if you could save, what would you not? with the tax advantage disappeared with seven of 10% adding that and also estimated other states in pennsylvania, texas adding taxes. and >> here in california got amazon is building to giant warehouses. including this one near los angeles is a 1 million the square feet facility. retailers it is another reason to worry the mccoll is to get customers items fast with even the same day delivery, that is the -- gold. when you could even have it delivered in a matter of hours, that is the goal. >> difficult for local retailers. >> if amazon creates distribution centers, that is going to be difficult for bird and mortar. >> that means that retailers will need to up their game. >> they need to take a lesson from amazon. and focus on the consumer's risks. to become more sophisticated online and offline. >> for those the want a lesson on how
that consumers might curtail their shopping or the holiday season. this new report says that if taxes go up at the end of the year for middle and condemincome tax. it would reduce consumer spending by nearly 2 $1 billion next year. >> a new national poll suggests that americans understand that the physical cliff is no joking matter. two-thirds of people questioned and a c n f o r c poll says that the u.s. would face a crisis or major problems of the country when off the fiscal clifford the end of the year. >> beauty giant l oreal is buying the edgy privately owned make the brent urban decay. the deal, estimated to be about $300 million, will millionl oreal another entry into the fast-growing area of special is brest, which is says represents 44% area of special is brest, which is saylook at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for
congress to protect tax cut for families are into a and $50,000 or less. if the president will later meet with corporate executives. the white cells, the democrats and republicans have yet to agree on how to avert an economy crushing series of automatic tax increases and spending cuts due to take effect in january. >> former giants slugger and baseball's home run king barry bonds is set to appear on baseball's hall of fame ballot for the first time. the ballot will be released later today. also expected on the list is outfielder sammy sosa and former see why young winner roger clemens. bonds was convicted of a felony count of what structure of justice for his role in hindering an investigation and steroids and professional sports. >> we have a shot with our live jackie sizzle where it is rain and it is heading south. we will have more on the movement of the rain in a few minutes. when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! partner. jonathan will banks. who was in court last partner. jonathan will banks. who was in court last
their dividend payments on their stock with a payment before the end of the year to avoid the higher tax rates for investing on their dividends and they are expected to come at the beginning of the year. among companies paying dividends early our loss vegas dance, dillard's, wal-mart, and ethan allen. >> the standoff has just been resolved and the gunmen killed hisself. we have a sergeant joining us. >> that you for joining us. so we do understand that the standoff is over? >> yes just before 5:00 a.m.. we mold then and we discovered that the suspect was dead with a self inflicted gunshot wound. >> was this man wanted for a few things? >> is start about 11:00 p.m. monday night and the police department received a 911 called indicated that he was a white sedan and it was stolen. we also our word that he was armed and located the vehicle and the suspect then took off and the pursuit was initiated. he fired several rounds from a handgun and he ended the pursuit on treasure ala island. were any of the officers hit? >> he followed two shots but we're not sure whether he tried to shoot an officer. t
. and dealing with the loving fiscal cliff looming -- they will have to deal with this to avoid tax increases and spending cuts at the net jones has the latest on the negotiations. >> after meeting with president of,. >> let me welcome the congressional leadership. >> expressed optimism to avoid $500 billion on tax increases and spending cuts next year. >> we have a very constructive meeting with the president to talk about the americans financial problems. >> we have a cornerstone to fig. >> the have working behind this seemed to work together to bring in tax revenue and reduce spending on medicare but it is not yet clear what lawmakers will meet next. even if some progress is made a final deal could be a long way away. >> we rarely see the hill and the white house make decisions early they do better when they have a deadline so i would be pleasantly surprised to see a deal emerge earlier. by the end of the year, so we will see. >> tax hikes and steep spending cuts will take place next year. >> 8:41 first, this live look outside at san francisco still very foggy. there are some bridge adviso
by the day tax increases and deep spending cuts take effect in five weeks. if lawmakers cannot reach a deal. with little progress being made in washington president obama is hitting the road. at paine has the story. >> the mood was optimistic earlier this month when president obama met with congressional leaders to work out an agreement to avoid this cliff. now the president is taking his case mr. obama met with small-business owners tuesday. today he hosted an event with middle-class americans and sits down with some of the nation's top ceos. friday he travels to a manufacturing plant in pennsylvania senate minority leader mitch mcconnell question the president. >> president saddam the law makers and working out with the agreement is back on the cam best-president obama >> the president got input outside the beltway. he wants to continue the conversation when business leaders, small business leaders, civic leaders, and labor leaders because everyone has a stake in this. >> lawmakers have just over a month to reach an agreement to keep the country from going over the so-called fiscal cliff.
year. this morning the economic council and the economic council advisor a say the increase in taxes and the fiscal cliff we're talking not add the in the year. if that happens and we go over the cliff consumer drop spending could drop by nearly $200 million next year. this is why investors are a little apprehensive. >> people do believe in the class and they understand that it is no joking matter. --cliff the poll indicates 17 in 10 americans are calling for a compromise on the issues. they are pessimistic about anything actually happening. one out of four people say tax increases and spending cuts will it cause a crisis. >> the giant l'oreal is buying the edgy private cosmetic company urban decay. it will give l'oreal another entry into the specials as brands. urban decay makeup is sold through specialty retail stores like so fora for online shops. this deal will give l'oreal extended reach. we will take a break in here as aid look at our toll plaza. the fog is a real problem as we're watching the news began to back up. we will talk to george st of the drive times are slowing down.
at selling his remedy including allowing higher taxes on the wealthy. republicans are claiming that he should instead be sitting down to talk more with them. >> it seems like our president is having some sort of difficulty turning off the campaign. we need to sit down and work this matter out. >> there is little progress with the republicans which is disappointing to me. i they talked some happy talk about revenues but we only have a few weeks to get something done. >> of republicans have had their own meetings. the fiscal cliff is a series of tax increases and spending cuts that economists predict could send the u.s. into a recession. former senator bob dole of kansas has been hospitalized. not many details were replaceleased. his name was mentioned on the senate floor today. dole over came disabling work injuries to perform his 26 year political career. >> hector camacho camacho died saturday after being shot outside a bar. during his career the flamboyant boxer had a long string of world titles. services will be held in new york where he grew up and that is also where he will be buried. it
merchants like amazon had key advantages california with no sales tax. however, brick and mortar, with the rising popularity of chains and ebooks michael tucker owns this line of book stores in san francisco. >> you can save 10%. >> however, that tax advantage it. at command amazon. also, taxing of this year in other states like pennsylvania, texas. online retailers collect where they have the physical presence half. here, and california, and the sun is building to giant warehouses. amazon that-it is 1 million square feet in your los angeles but the old fashioned retailers it is another reason to worry. >> because there items is to get items to their customers faster with even same day delivery. you can even avoid stores and have a package delivered to your house and a matter of hours. >> this is a win for consumers to difficult for retailers. >> when they create distribution centers, it is taking back that small business owners. >> that means that retailers will up their game. >> they can take a lesson from amazon. and focus on the consumer experience with more sophisticated onl
are investigating and then buys business owners taxed anyone claiming to be a utility represents a form id badge and check their car for an official logo. >> san francisco's public utilities commission is urging residents to recycle their used cooking oil this holiday season. san francisco and treasure island restaurantresidence can p off used cooking all the nine sides that are open year round. >> for those seeking a festival of alternative to the shopping frenzy as special holiday fair is open this weekend. the great dickens christmas fair and victorian holiday party is happening now at the cow palace. the fair is open each saturday and sunday until december 23rd. the entry fee for adults is $25, seniors over 62 will pay only $21 and children 5 to 12 years of age pays only $12. parking is $10. >> coming up on kron 4 news weekend. we will remember larry hagman. the dallas star passed away friday but leaves behind an iconic acting career. >> this will set up to be a beautiful day and some parts of the bay area will see 70 degrees. it will be very nice. >> we are back. this is the bay bridge appr
claim the donation on your taxes. i also spoke to out of the closet to see if they get their clothe, books or shoes from out of the bins. i even talked to the salvation army. they all said they have no connection with these for-profit bins. this bin has been here in alameda with the blessing of lewis. he has made money in just three months! >> a little over $200. >> reporter: i got in contact with the owner of the bin. he first told me his profit margin was minimal. i asked which charities does he help. he would only say he gives clothes to the homeless and some were turned into rags. however when i mentioned who i was, he promised to call back but instead he sent me a text that he needed to talk to his lawyer. so what about the bin at whitmore auto repair? >> i have no reason to let it go. >> reporter: in alameda, stanley robert, kron4 news. >>> a serious storm is moving into the bay area. the rain is approaching. and you're going to see a lot more of it the next couple of days! a second band of rain overshore is going to reenforce the first one and bring us some your heavy rain s
to increase taxes on the wealthy while extending tax cuts for families earning $250,000 or less. today will meet with small-business owners tomorrow middle-class americans. >> watching wall street we have good news and a jump in home prices the highest level since 2008. also of rising consumer confidence. the fears of fiscal cliff have that consumers worry. the dow's at 12,933 >> the time is 8 to 05 a.m. and let's take a live look at the approach to the bay bridge. george lab the updates on the drive times and hot spots. erika will have details on when the rain will start when we continue. >> new video world news from to rear square in cairo. there have been clashes between police and protesters. there's a mass rally against the decree against muhammed more see granting themselves broad power. more seat stuck by his controversial decree and his meeting with judges that was aimed at diffusing the worst political crisis since his election in june >> yasser arafat's body has been exhumed to find out whether and not he it was poisoned. he died nearly a decade ago due to a sudden illness. t
to press congress to protect tax cuts for families earning $250,000 or less. the president will meet later on with corporate executives to. the white house democrats and republicans have yet to agree on how to avert an economy crushing a series of automatic tax increases and spending cuts that are due to take effect in january. tracking gas prices against the bay area for you in the state average is $3.73 a gallon. bay area prices are averaging $3.82 a gallon san jose $3.67 and in oakland $3.71. i always like to take a mental note to know which gas stations to dry by if you're looking for cheaper gas. >> mega busts a company that offers city to city services for about a dollar is expanding to california. it will allow you go from oakland california san jose and san francisco to los angeles. also sacramento and the reno sparks area as well. they cam but " cal for a trip starting today but they do not actually start running until december 12th. the company will be offering trips where dollar transfer its first week of service. >> will be back with more of the team coverage of the storm in ju
. no sales tax. local bookstores are already under pressure under the rapid popularity of evokes. michael tucker owns eight don't chain of stores and seven cisco. if you can save 15% wouldn't you? >> they began taxing this year in other states like pennsylvania and texas. online retailers collect tax only for states where they have a physical presence. in california, amazon is building to giant warehouses. including this one near los angeles. it is a million square feet and the old fashion retailer's bid is another reason to worry. why? amazons goal is to get the items to customers faster and be able to offer same-day delivery. you can avoid stores if you want and have a package delivered to your house and a matter of hours. i went for consumers but tougher local retailers. >> @ amazon creates the distribution centers and facilities on their property this takes away one as we have left. this is a big deal. >> that means retailers need to up their game. >> retailers need to take a lesson but amazon and focus on the consumer experience. it will become more sophisticated both online and offl
the scandal. and if you're not paying enough federal taxes there is a new way to donate to the government to help the debt. not clear that and the people are taking up on this but some people are. palace iallison people are pitching in and helping their country to the tune of $8 million. they donated $7.7 million to help pay off the national debt is a good goodwill efforts but it will not make a huge difference. the government accumulated one trillion dollars of debt and the latest fiscal year. the 7.7 million is just a small fraction of but it is still worth noting. take a look. people were donating $3 million per year but this job is showing an issue of the fiscal cliff and their people are going attention. the government started accepting donations in 1961. when somebody anonymously left $20 million to the debt. and since then, they continue to donate. from the states, taxpayers and even children and the bureau of public that wants to receive a coins right c classroom. some say that it is crazy but if you are feeling charitable you are welcome to to donate. you can even place a extra c
the road this week to urge americans to support tax increases were the wealthiest americans. he will tour manufacturing facilities and speaking in southeastern pennsylvania on friday. he will meet with small-business owners at the white house today. piddocks was supporthe fiscal cliff is a combination of scheduled tax increases and spending cuts that economist predict was in the u.s. economy into a recession. >> we will be right back as the kron for morning news continues. off to developing stores are all falling. one is a police standoff on treasure island with a robbery suspect. also a possible officer involved should out in milpitas. a live look at the bay bridge toll plaza light traffic for now. welcome back. new consumer credit data shows that more americans are falling behind on their auto payments. particularly between july and september. back-to- school needs and other needs are putting a strain on consumers' wallets. of dropping seven approving in the overall auto world. there is a new hope of making the rounds on facebook is the status of dates that are judged users to copy and
that is a reason why if there is no deal there could be tax hikes and spending cuts of that-fiscal cliff. >> h-p has fourth quarter losses. the tech giant saying that the tech giant says it's written down $8.8 billion of the value, autonomy.. h p paid of $11 billion for the company last year it said the company discovered is had misrepresented its finances. h-p stock has lost the building permits, hit a four year high last month with building started on an annual pace of 894,000 homes in october. sports, coming up next with tedford.. out. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to
a flat screen television. >> she has sent up a tent with this tax. >> we have seats and we also have a tent, and with seats in side with blankets and this week. tonight. >> managers say that this is the earliest. >> i never thought that we would be out here this early >> earlier crowds and longer waits. people are trying to find any way to get their mind occupied waiting for that great deal. >> how has it been so far? >> cold. >> not that bad i've been talking to everybody it has been fog. >> virginia is hoping that giving up for thanksgiving will pay off >> i am hoping that it is worth it but if somebody wants to bring us thanksgiving dinner? we would gladly accept that lot >> with many people eating that if you are going to come down that on the stores will open on the died and you should get here early because a lot of the stuff is going to go quicker. >> some wal-mart employees are going to hit the picket lines. they are not going to be a run for the busiest shopping days. reggie kumar explains. >> this is you tube video of employees protesting outside of southern california last
about mid-20s. 5'11" and a short, dark spiked hair and thin much tax. >>> and the oakland city con 1eu8 is -- council is the new attorney. he will start work on december 17th. the port oversees the seaport which is the 15th busiest seaport. 20 miles of waterfront and properties are included in the area. >>> let's take a look here at the bridge as we take a break. we'll take a live look here. here is the view out of, i believe that's a soup kitchen that the president worked at yesterday. he is encouraging americans to take time today during the holiday weekend and volunteer and do something to help out your fellow neighbors. here is a look. the we're looking at 64 later on this afternoon. [ boy 1 ] hey! that's the last crescent. oh, did you want it? yea we'll split it. [ female announcer ] made fresh, so light, buttery and flakey. that's half that's not half! guys, i have more! thanks mom [ female announcer ] pillsbury crescents. let the making begin [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. with pillsbury cookie do
according to this poll one of the forces that tax increases and spending cuts will cause a crisis. >> customers swarm stores and record numbers for the black friday deals. 247 million shoppers. and that is more this year than last year and they also spent more. with the average person spending $423. on this four day weekend, id is $59 billion and that is also up from last year. it is a pretty good weekend for retailers. 41 percent of consumers are going to purchase items online this year and the bad guys are going to ponder those shoppers. and cyber gangs.. will have new and old internet scams to hijack accounts. one half are using web browsers with out any security measures or if they do they are out of date. experts are looking for bogus coupons and too good to be true advertisements with links on social media. if you need extra holiday crash perhaps go to or arizona or organ those are the places where you can get multi-state power ball. with no winners on saturday the jackpot is $425 million. it is up for grabs and it is on this wednesday it rolled over for the 15th straight ti
the impact of the so-called fiscal cliff. if there is no deal by january 1st there will be tax hikes and spending cuts will rest on those in congress to get the job done. >> the defense department immigration and customs enforcement and transportation should. ministration have all decided to go with i phones. they are switching because black berries have been failing to much during important times. one-third of u.s. consumers are thinking about buying electronic tablets this out of a season. according to a new poll a 22 percent of those who want one of the devices said it plans to cut back on their holiday purchases in order to afford that. apple remains the leader with 25 some people surveyed san there tablets of choice. 16 say they will buy amazons kindle fire. another 1571 a samsung galaxy device. on the 8% named the new ipad mini as the first choice. >> the celebrity that is constantly twisting and updating facebook cannot be who you think is they may be getting help from a new startup. companies like the audience help busy celebrities boost their fan base on social media. the au
Search Results 0 to 25 of about 26